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Economic blow to European economies as Hormuz disruption threatens energy supplies
March 19th, 2026 - 10:42 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Economic blow to European economies as Hormuz disruption threatens energy supplies

ALBAWABA- A new study has warned that a near-total disruption of shipping through the Strait of Hormuz could deal a severe economic blow to European economies, as escalating Iran–Israel tensions threaten global energy flows. The research, conducted by the Supply Chain Information Institute alongside the Centre for Complexity Science and Delft University of Technology, finds that the impact would be concentrated in a small number of EU countries and would ...
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The number of people unemployed expectation index also fell by 1.3% to stand at 55.6 month-on-month in July.
July 23rd, 2019 - 10:30 GMT

Turkish Consumer Confidence Index Drops in July

The pacts signed include: an agreement on defense and military cooperation
July 23rd, 2019 - 10:00 GMT

UAE, China Hammered Out Several Agreements to Boost Cooperation

The government's vision is based on each region’s role in economic and social development
July 23rd, 2019 - 09:30 GMT

Morocco to Benefit From Financial Transfers of $1 Billion by 2021

Loans had also shrunk in the five months period to the end of May by almost 5%.
July 23rd, 2019 - 08:30 GMT

Lebanon Bank Deposits to Recover From a Dip in the First Five Months of 2019

The SEC said Microsoft subsidiaries in Saudi Arabia and Thailand offered improper gifts to foreign government officials and employees of non-government companies, through slush funds.
July 23rd, 2019 - 08:00 GMT

Microsoft Agrees to Pay More Than $25 Million to Settle Hungary Bribery Case

Warren's latest plan is the latest of numerous proposals she's unveiled since declaring her candidacy for 2020.
July 23rd, 2019 - 07:34 GMT

Warren Warns Another Financial Crisis Coming Worse Than 2008 Crash

passport control counters serving both Jordanians and non-Jordanians were increased from 18 to 25.
July 23rd, 2019 - 07:00 GMT

Jordan Airport Installs 12 New Counters Dedicated to Visa Processing

UAE is followed by Qatar, Oman, Bahrain, Saudi Arabia and Kuwait.
July 23rd, 2019 - 06:00 GMT

Report: UAE Offers the Best Growth Prospects Among the Arab Countries

The IMF directors welcomed the authorities’ ambitious reforms to develop the non-oil economy.
July 23rd, 2019 - 05:11 GMT

IMF: Saudi Arabia’s Reforms Start to Yield Results and the Outlook Is Positive

British Airways attributed its cancellations to what it called its constant review of security arrangements at all airports
July 22nd, 2019 - 11:30 GMT

British Airways, Lufthansa Suspend Cairo Flights for Unspecified Reasons

Dubai retained its number one ranking, further solidifying its position as one of the world's leading Mice destinations.
July 22nd, 2019 - 11:00 GMT

Dubai Most Preferred Destination for MICE in MEA

The continuous aid approach proves that Kuwait is well deserved for the "Humanities Center" title and "Humanitarian Leader"
July 22nd, 2019 - 10:30 GMT

Kuwait Among Top Five Donor Countries for UNHCR

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